European stock markets began the day rising on the back of historic gains of 10% from Japan's Topix, but quickly reversed the trend, as Wall Street prepared to open higher.
European markets continue to experience a rollercoaster of emotions, following the extreme volatility and sharp falls recorded in Monday's session.
The main European indices opened this Tuesday on a high, but quickly reversed the trend , reflecting the uncertainty that continues to dominate investors, as reflected by the European fear index, Vstoxx, which, despite correcting 14%, remains at historically high levels.
The pan-European Stoxx 600 index, which fell 3.5% on Monday, opened this Tuesday rising 0.46%, only to fall 0.4% three hours later and is currently trading practically unchanged, with a drop of just 0.07%. This rise and fall was also mirrored by other European regional indices, such as the national PSI, which after opening with a slight rise (around 0.01%), fell almost 1% at 11:09 am, currently trading at a drop of 0.6 %, with only four stocks trading with gains.
Read more at: https://eco.sapo.pt/2024/08/06/recuperacao-do-japao-nao-alivia-nervosismo-dos-investidores/
Email: contato@ipconsulting.com.pt
Website: www.ipconsulting.com.pt
Comments